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#233014 - 10/16/03 05:52 AM Re: OK, now I've seen everything [Re: the1nderer]
aconte
Bid more or post more... tough one...


Registered: 02/22/02
Posts: 1896
Loc: On The Beach....where else!

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bhl2359,

The most important thing to get out of this thread is that you should
be careful and know what your buying when you buy from 'libertyforall.'
MW1 is just giving another possible reason to be careful. Personally,
I could care less what edition this 54 junk is from. It is all cr-ap
to me. Save your money.

aconte
_________________________

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#233015 - 10/16/03 11:53 AM Re: OK, now I've seen everything [Re: MW1]
bhl2359
Just got here


Registered: 10/14/03
Posts: 9

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Quote:

Quote:

They come with a Certificate of Authenticity and the COA affirms that they are from the first press run in 1954.



Question -- can you post an image of your COA to confirm this?





http://i2.ebayimg.com/02/i/00/3a/ae/42_3.JPG

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#233016 - 10/16/03 11:56 AM Re: OK, now I've seen everything [Re: aconte]
bhl2359
Just got here


Registered: 10/14/03
Posts: 9

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Quote:

bhl2359,

The most important thing to get out of this thread is that you should
be careful and know what your buying when you buy from 'libertyforall.'
aconte




I understand that. I have seen their [!@#%^&^] on eBay for a long time.

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#233017 - 10/16/03 11:58 AM Re: OK, now I've seen everything [Re: bhl2359]
bhl2359
Just got here


Registered: 10/14/03
Posts: 9

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Quote:

bhl2359,

I understand that. I have seen their [!@#%^&^] on eBay for a long time.




They censor the word c-r-a-p here? Seems a bit extreme.

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#233018 - 10/16/03 02:55 PM Re: OK, now I've seen everything [Re: bhl2359]
MW1
veteran


Registered: 07/30/02
Posts: 1358

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Quote:

They come with a Certificate of Authenticity and the COA affirms that they are from the first press run in 1954.




The certificate reads "1954 Press-Run First Issue."

I see a clear discrepancy between your original statement and what the COA says. To me, there's a substantial difference (both in terminology and value) between a first press run and a later press run after the fact that was never distributed through normal channels and stored in a warehouse for nearly 40 years.

In the world of baseball cards, a good parallel would be the 1947 Homogenized Bond Bread issue where in the 1980s a large quantity of half the cards in the set was uncovered in New York. Today, those cards are valued at substantially lower levels than the originals, despite that fact that both series of cards may have been printed at approximately the same time.

As I dealer, I would gladly pay at least $250 for a FIRST press run SI #1 with the original mailer. I would not, however, pay anywhere close to that for any one of 600,000 SI #1s that were printed at a later date and stored in a warehouse. Yes, the difference to some may be academic but in the world of periodicals, print runs and methods of distribution are essential keys to the proper assessment of value.

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#233019 - 10/16/03 02:56 PM Re: OK, now I've seen everything [Re: bhl2359]
MW1
veteran


Registered: 07/30/02
Posts: 1358

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Quote:

They censor the word c-r-a-p here? Seems a bit extreme.



Agreed.

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#233020 - 10/18/03 03:34 PM Re: OK, now I've seen everything [Re: MW1]
bowdowntome
Just got here


Registered: 10/18/03
Posts: 1

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Hello, I'm new to this form.

Having said that, I see no better way to start off than try and be argumentative (just kidding!).

While I don't pretend to know anything about SI's, other than what I personally collect, I do know that when magazines in general are first started up it is very common to overproduce the first issue, because there is no way to know beforehand how many are going to be needed. The second issue, on the other hand, is usually printed in greatly smaller numbers because they then have a sense of how many to print.
Second issues are generally harder to find, however first issues are usually more popular.

I see it being very realistic that SI could have overproduced the first issue, sold X-amount of copies via newsstands and subscriptions, and warehoused the remainder. It happens all the time.

Had these remainders not surfaced I could see the first issue being a $500-$600 item, easily. The current price of the remainders at $175 or so, seems like a bargain, relatively speaking.

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